SalaryNode

Average Pharmacists Salary in Ann Arbor, MI

Pharmacists in Ann Arbor, MI, command an impressive average annual salary of $141,600, surpassing the national average of $136,140. This elevated compensation is likely influenced by the specialized healthcare needs and the concentration of pharmaceutical research and development within the region, contributing to a higher demand for skilled professionals.

Executive Summary

  • Average Salary: $141,600 per year.
  • Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $169,170.
  • Outlook: Ann Arbor presents a robust job market for pharmacists, evidenced by a local workforce of 620 professionals and a Location Quotient of 1.34. This quotient indicates a higher concentration of pharmacists in Ann Arbor compared to the national average, suggesting a strong and potentially growing demand for their services within the local healthcare ecosystem.
2024 Market Data

Salary Overview

$141,600

The average Pharmacists in Ann Arbor, MI earns+4.0%above the national average.

BreakdownBased on 40h/week
Hourly

$68.1

Weekly

$2,723

Monthly

$11,800

Pharmacists Salary Distribution in Ann Arbor, MI

The career path for pharmacists in Ann Arbor offers significant earning potential, with salaries scaling considerably from entry-level positions to senior roles. Experienced pharmacists typically command higher salaries, reflecting their accumulated knowledge, specialized skills, and leadership responsibilities. The widening salary gap between junior and senior practitioners signifies clear opportunities for career progression and increased earning capacity.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$64,010$30.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$106,200$51.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$161,420$77.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$177,000$85.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$169,170$81.3

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$141,600

Gross Pay

Real Wage (Purchasing Power)

$141,600

Adjusted for COL (100)

With an average annual salary of $141,600 and a Cost of Living Index of 100 (matching the national average), pharmacists relocating to Ann Arbor, MI, can expect their nominal earnings to translate directly into purchasing power. The stable cost of living suggests that the higher-than-average salary offers a comfortable lifestyle and good financial standing within the community.

Job Market Context

620

Total Jobs

2.857

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, Ann Arbor, MI has a slightly higher-than-average concentration of Pharmacists roles compared to the national norm.

Ann Arbor's Location Quotient of 1.34 signifies a market where pharmacists are more concentrated than the national average. This suggests a competitive yet abundant job market, where employers may actively seek out skilled professionals, while also indicating a healthy supply of talent. This concentration could lead to specialized opportunities and a dynamic professional environment.

Nearby Job Markets

Nearby Cities for Pharmacists

CitySalaryDist.
Monroe, MI Pharmacists Salary$126,220↓ 11%31 mi
Jackson, MI Pharmacists Salary$128,910↓ 9%34 mi
Detroit-Warren-Dearborn, MI Pharmacists Salary$126,610↓ 11%35 mi
Toledo, OH Pharmacists Salary$119,680↓ 15%43 mi
Flint, MI Pharmacists Salary$124,340↓ 12%52 mi

Comparing salaries near Ann Arbor, MI

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Ann Arbor, MI?

The median annual salary for a Pharmacists in Ann Arbor, MI is $141,600. This typically ranges from $64,010 for entry-level positions to $169,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ann Arbor, MI is 4.0% higher than the national median of $136,140.

Is Ann Arbor, MI a lucrative place for Pharmacists?

Yes, Ann Arbor, MI is a lucrative location for Pharmacists.Pharmacists in Ann Arbor earn an average of $141,600 annually, which is higher than the national average. Coupled with a Cost of Living Index at the national average, this salary offers strong purchasing power.

Is Ann Arbor, MI a good place to live for Pharmacists?

The Cost of Living Index in Ann Arbor, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Ann Arbor, MI?

Some top paying nearby cities include Monroe, MI ($126,220) and Jackson, MI.

How does the Ann Arbor pharmacist salary compare to the national average?

The average annual salary for pharmacists in Ann Arbor, MI is $141,600, which is notably higher than the national average of $136,140.

What is the concentration of pharmacists in Ann Arbor, MI?

Ann Arbor has a higher concentration of pharmacists compared to the national average, indicated by a Location Quotient of 1.34.

How does the cost of living in Ann Arbor affect pharmacist salaries?

The Cost of Living Index in Ann Arbor is 100, which is the national average. This means the higher average salary of $141,600 provides good real income and purchasing power for pharmacists.

What is the total number of pharmacists employed in Ann Arbor, MI?

There are approximately 620 pharmacists employed in the Ann Arbor, MI area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Ann Arbor, MI area with a job density of 2.857 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Ann Arbor, MI